challenging service charge costs

Navigating Uncertainties: Forecasting Service Charge Costs in 2024 and Beyond

In an ever-evolving economic landscape, the ability to anticipate future costs is fundamental for occupiers. The Assure team are already guiding clients through the process of forecasting for the year 2024, and there are going to be a multitude of factors influencing service charge costs in the coming year. What are going to be the main factors influencing next years’ service charge expenditure?

The Return of Major Works Expenditure

Following an enforced hiatus during the pandemic, expenditure on major works maybe set to return to ‘normal’ or even higher levels in the coming years. The underlying day to day costs of soft/hard services look to be remaining broadly flat or with minimal increases in 2022YE…

Scroll to Top